GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (OTCPK:HTZGQ) » Definitions » Days Sales Outstanding

Hertz Global Holdings (Hertz Global Holdings) Days Sales Outstanding : 52.73 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Hertz Global Holdings Days Sales Outstanding?

Hertz Global Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $1,202 Mil. Hertz Global Holdings's Revenue for the three months ended in Mar. 2024 was $2,080 Mil. Hence, Hertz Global Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.73.

The historical rank and industry rank for Hertz Global Holdings's Days Sales Outstanding or its related term are showing as below:

HTZGQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.39   Med: 57.18   Max: 90.83
Current: 45.95

During the past 13 years, Hertz Global Holdings's highest Days Sales Outstanding was 90.83. The lowest was 36.39. And the median was 57.18.

HTZGQ's Days Sales Outstanding is ranked better than
67.4% of 1040 companies
in the Business Services industry
Industry Median: 58.575 vs HTZGQ: 45.95

Hertz Global Holdings's Days Sales Outstanding increased from Mar. 2023 (44.76) to Mar. 2024 (52.73).


Hertz Global Holdings Days Sales Outstanding Historical Data

The historical data trend for Hertz Global Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hertz Global Holdings Days Sales Outstanding Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.96 90.83 38.19 36.39 42.16

Hertz Global Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.76 43.55 45.56 54.27 52.73

Competitive Comparison of Hertz Global Holdings's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Hertz Global Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hertz Global Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hertz Global Holdings's Days Sales Outstanding falls into.



Hertz Global Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Hertz Global Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (974 + 1191) / 2 ) / 9371*365
=1082.5 / 9371*365
=42.16

Hertz Global Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (1191 + 1213) / 2 ) / 2080*365 / 4
=1202 / 2080*365 / 4
=52.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hertz Global Holdings  (OTCPK:HTZGQ) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Hertz Global Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Hertz Global Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Hertz Global Holdings (Hertz Global Holdings) Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.
Executives
Daniel A Ninivaggi director C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Darren Richard Arrington officer: EVP Revenue Management & Fleet 8501 WILLIAMS ROAD, ESTERO FL 33928
Kenny K Cheung officer: EVP Chief Operational Finance HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Frederic Deschamps officer: EVP Revenue Management 8501 WILLIAMS ROAD, ESTERO FL 33928
David A Barnes director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Laura Suenon-nestar officer: EVP Global Marketing and Custo 8501 WILLIAMS ROAD, ESTERO FL 33928
Opal Perry officer: EVP Chief Information Officer HERTZ GLOBAL HOLDINGS, INC., ESTERO FL 33928
Jodi J Allen officer: EVP Chief Marketing Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Jamere Jackson officer: EVP Chief Financial Officer C/O NIELSEN 85 BROAD ST., NEW YORK NY 10004
Richard Eric Esper officer: SVP Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
David Galainena officer: EVP General Counsel and Secret HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160